Welcome to African FinGroup building a new insurance market in the DRC.
Welcome to African Financial Group
African Insurance
DRC Insurance
African Insurance
The Global Insurance market estimated at US$5.5 trillion with an annual 6% growth rate in 2022 . Within the continent of Africa the insurance market is estimated at a value of US$ 70 Billion in 2020. The African insurance market is expected to grow at a compound annual growth rate (“CAGR”) of around 7% during 2021-2026.
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DRC Insurance
According to Africa Re, African Reinsurance Corporation, is a reinsurance company based in Lagos, Nigeria. Africa’s first continental reinsurer the latest figures (2016) show for DRC.
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About Us
African Financial Group (UK) Ltd (“AFG” “the Company”) is a new special purpose vehicle formed in London. The Company is developing a project that would put it at the heart of a new market focused on DRC (“the Project”).
The Project was initiated in London following the UK Africa Investment Summit held January 2020 hosted by PM Boris Johnson and attended by African leaders including the President of DRC Mr Felix Tshisekedi.